Morris returns to the attack. The Stranger throws off his hood and reveals himself to the Duke. He is the Conjuror, ready for the evening's performance. All laugh at this dénouement, except Patricia, between whom and the Conjuror this bit of dialogue ensues:
Stranger. [Very sadly.] I am very sorry I am not a wizard.
Patricia. I wish you were a thief instead.
Stranger. Have I committed a worse crime than thieving?
Patricia. You have committed the cruellest crime, I think, that there is.
Stranger. And what is the cruellest crime?
Patricia. Stealing a child's toy.
Stranger. And what have I stolen?
Patricia. A fairy tale.
And the curtain falls upon the First Act.